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Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (December 20) – ETH Recovers 4% Today But Face Rejection – Can It Overcome This Resistance Line?

Ethereum started this week bearish but has managed to recover following the latest increase in the global market cap. It saw a 4% gain today and looked prime for a fresh surge on the daily scale.  Ethereum has shown signs of weakness after reaching the peak of $2,403 earlier this month. Although it is trying […]

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Featured

Ethereum Surpasses $2,250 As It Makes A Notable Turn in Price Performance

Today, Ethereum has achieved a significant milestone as it breaks through the $2,250 price mark, marking a resurgence not seen in over 18 months. Currently trading at $2,220, Ethereum’s $ETH, the second-largest cryptocurrency by market capitalization, is demonstrating impressive performance. Which of course, is aligned with the broader bullish trend in the cryptocurrency space, led […]

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News

Ethereum Whales Strategically Position For Upcoming Bull Run, Acquiring Massive Amounts Of $ETH

In recent analyses from Spotonchain, a key player in the crypto analysis arena, Ethereum whales have taken center stage in what appears to be a prelude to an anticipated bullish surge.  Ethereum, securing its spot as the second-largest cryptocurrency globally with a market cap north of $247 billion, has become the focal point of significant […]

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Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (November 29) – ETH Calms At $2k After A Rejection, Where Is It Heading Next?

Despite recent drops in the global market cap, ETH’s dominance still stands at 18%. The price is up 2% today but looks indecisive on the daily. A double-top pattern spotted on the daily chart may trigger huge drops in the future. ETH’s bullish trajectory remains intact on the short-term perspective. However, the buying pressure appears […]

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News

Ethereum Network Fees Surge To $5.72, Arriving At Highest Levels Since July 2023

Ethereum network fees have experienced a prominent increase, coming to $5.72 per transaction, denoting the highest point since July 2023. On-chain analytics provider Santiment attributes this rise to Ethereum’s new surge beyond $2,000 and a concurrent increase in network activity. Despite the increase, transaction fees are considered reasonable when contrasted with the peak average fee […]

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Featured

Solana Surges Past $50, Setting Off A Milestone Following A Year Full Of Bearish Sentiment And Dormancy 

In a huge forward leap, Solana has penetrated through the $50 resistance level without precedent for more than a year. This advancement lines up with the more extensive bullish trend found in driving cryptocurrencies, with Ethereum breaking through the $2,000 price mark and Bitcoin testing the $38,000 threshold. Although Bitcoin is currently trading at $37k levels.  […]

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Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (October 24) –ETH Taps 16% Gains In A Week, Target $1,900 Next 

With an 8% surge in the last 24 hours, Ethereum’s dominance increased to $17.3% as the global crypto market added $200 billion in a week. It currently looks bullish but is still trapped in a daily descending channel. Ethereum was trading as low as $1,522 a few days ago after retracing from $1,751 on October […]

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Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (October 19) –ETH Initiates Second Leg-Down In A Month – Where Is It Heading?

Ethereum encountered resistance earlier this month and resumed bearish after failing to climb above the $1,750 level during last month’s recovery. It initiated a fresh drop this week and lost 2% in the past hours. ETH seems technically back in the woods after witnessing a small increase in the past month. It attempted to cross […]

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Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (October 13) – ETH Calms At Support Following A 5% Weekly Drop, Incoming Crash?

Ethereum resumed a downtrend this month following a three-week recovery from a key support level. The price fell slightly below this support after shedding a 12% loss since the start of the month. After rising to the $1,751 level as a retest of August’s breakdown, Ethereum saw a rejection there and the price fell throughout […]